Mucura Enterprises has a credit balance of $40,000 in its Allowance to Adjust Long-Term Investments to Market account before adjustment. Its investment portfolio has a total cost of $250,000 and a market value of $225,000 . The year-end adjustment entry that would be recorded in the books of Mucura Enterprises is:
a. Long-Term Investments 15,000
Allowance to Adjust Long-Term Investments to Market 15,000
b. Allowance to Adjust Long-Term Investments to Market 15,000
Unrealized Loss on Long-Term Investments 15,000
c. Allowance to Adjust Long-Term Investments to Market 25,000
Long-Term Investments 25,000
d. Unrealized Loss on Long-Term Investments 25,000
Long-Term Investments 25,000
B
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Marvel Shoes reported the following items on its statement of cash flows for the current year: Net cash inflows from operating activities $70,000 Net cash outflows from investing activities (20,000) Net cash outflows from financing activities (40,000) Cash balance at the beginning of the year 30,000 Read the information about Marvel Shoes. What was the amount of net increase or decrease in the
cash balance for Marvel Shoes for the current year? a. $ 10,000 increase b. $ 30,000 increase c. $ 40,000 increase d. $ 70,000 increase
The F statistic is computed as the ratio of two sample variances
Indicate whether the statement is true or false
Individuals believe that other people can be manipulated, and that it is permissible to do so to reach their goals are sometimes referred to as ______.
A. risk takers B. narcissistic C. psychopaths D. high Mach
Safety stock helps protect an organization against stockouts.
Answer the following statement true (T) or false (F)